A retail management system (RMS) is a platform that combines several useful tools to aid in running a retail store or chain, such as inventory management, point of sale (POS), and customer relationship management (CRM).
Retail management systems can help store owners by providing multiple services in one place, streamlining the process of running a store. Everyday tasks such as managing and buying inventory, checking out customers, scheduling employee shifts, and keeping track of finances are easily completed using one solution. Some platforms are even compatible with mobile devices, so these tasks can be done anywhere in the store. By only buying one platform for your business, rather than several, you can ensure that all the systems will share information and work well together. Some platforms will even have marketing and analytics tools to help you improve your business.
Common components of retail management systems are inventory management, workforce management, POS, accounting, CRM, and analytics. Some products will have marketing or e-commerce tools to help with online business. Some platforms will offer physical hardware such as card readers and cash drawers that interface with the software; however, many will be able to integrate with your existing hardware.
To qualify for inclusion in the Retail Management System category, a product must:
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Fashion-Ware is designed and developed from the ground up by an independant fashion retailer as an integrated business management solution focused on their needs. It encompasses all of the function required to operate and manage your business from order control through sales analysis and financial reporting.
Brings you control of your brand, marketing and franchise management at a global, regional and franchise level. With a powerful and flexible suite of content curation, syndication and territory management engines in one multi-regional, multi-lingual franchise software package you have control over your franchise for marketing and franchise management.
Futura Retail helps you to avoid lost sales, achieve optimal stock levels across all your channels and engage customers to maximise loyalty. Systems cover stock management and control, loyalty card software, and merchandise planning, all with fast access to live data to drive accurate decision making.
Ginesys is a retail and manufacturing enterprise software from Ginni Systems Ltd. The product has various modules like Retail Management Inventory Management Procurement Sales & Distribution Accounting/ Finance Production Loyalty Gift Vouchers Replenishment Point of Sales (POS) It is an on-premise solution with desktop based POS. The data between the central application and the POS synchronizes automatically. Businesses using the product are mostly in apparel and lifestyle consumer goods retailing and/or manufacturing and supermarkets.
InBloom Resale is a cross platform software based on consignment - perfect for resale shops, retail stores, auction drop off businesses, art galleries, and more. Print check payments to consignors, manage inventory, research your price history & trends, perform reports, beautiful and fully customizable price tag printing, point of sale functionality, barcoding, and more.
Market Track helps brands maintain their price integrity and sell more products through actionable insights that are derived from timely, near perfect ecommerce data. Specifically, Market Track delivers Price Intelligence, MAP Monitoring, and Where To Buy Solutions brands love. Price Intelligence makes tracking consumer sentiment of your products, while staying on top of your online competitors, easier than ever. Our product catalog contains 100+ million products and tracks 1.5+ billion offers across many thousands of brands. MAP Monitoring identifies which sellers are violating MAP across your catalog, records detailed violation history, and helps you enforce brand policies. Includes full case management capability. Supports MSRP, UPP, PMAP, UMRP and other resale price maintenance programs as well. Where To Buy connects shoppers to retailers from your website, social networks, and other digital marketing channels, providing end-to-end tracking and sales attribution. Market Track also partners with agencies planning and buying for brands' product campaigns.
Mi9 Retail has been empowering retailers with leading-edge enterprise software solutions for 15 years and has developed the only enterprise-grade Merchandising and Business Intelligence solution on the market available as a single product. This enables the software to process high volumes of transactions in real time, optimize inventory across all channels of the business, provide a single, accurate source of the truth, reduce the costs to implement, as well as maintain and provide the industry’s fastest time to value. As a customer-centric company exclusively serving the retail market, Mi9 Retail collaborates closely with customers to define the product development road map ensuring customer satisfaction and success. New technologies are utilized to keep products current as well as to future-proof customer investments. Mi9 Retail focuses on delivering great software and support while minimizing the need for professional services. It is important that meaningful, high ROI solutions are delivered with each major product release and that all customers are guaranteed an upgrade path to the latest version of the product, regardless of which version is in use.
myFiO RMS is a fully integrated CRM and campaign management system with rich features crafted exclusively for managing Life time value for the customer. Its comprehensive functionality, superior technology, and unique implementation and support approach will deliver value to small and mid sized businesses. Further, our overall knowledge of CRM and campaign management will help define and execute processes that are efficient. myFiO RMS is tightly integrated with our CRM which allows all business functions to be automated across all departments, including sales, marketing, service, finance, inventory, order fulfillment, and purchasing. Configuration Management provides customizable software, you create your custom fields, custom groups and all pertinent data is available throughout the system immediately